Liberty All-Star Equity Fund (NYSE:USA) Declares Dividend Increase – $0.18 Per Share

Liberty All-Star Equity Fund (NYSE:USA) declared a quarterly dividend on Monday, January 12th. Stockholders of record on Thursday, January 22nd will be paid a dividend of 0.18 per share by the closed-end fund on Monday, March 9th. This represents a c) annualized dividend and a dividend yield of 11.3%. The ex-dividend date of this dividend is Thursday, January 22nd. This is a 5.9% increase from Liberty All-Star Equity Fund’s previous quarterly dividend of $0.17.

Liberty All-Star Equity Fund Stock Down 0.5%

Shares of USA traded down $0.04 during midday trading on Tuesday, reaching $6.37. 1,194,866 shares of the stock were exchanged, compared to its average volume of 1,180,448. Liberty All-Star Equity Fund has a twelve month low of $5.64 and a twelve month high of $7.34. The business’s 50-day moving average price is $6.18 and its 200 day moving average price is $6.42.

Liberty All-Star Equity Fund Company Profile

Liberty All-Star Equity Fund (NYSE: USA) is a closed-end management investment company that seeks long-term capital appreciation through an actively managed portfolio of equity securities. Listed on the New York Stock Exchange since its inception, the fund offers investors access to both U.S. and international markets within a single vehicle. It is designed to appeal to those seeking a diversified equity strategy combined with the liquidity of an exchange-traded security.

The fund’s investment approach centers on a diversified mix of common stocks and American Depositary Receipts (ADRs), spanning large-cap, mid-cap and small-cap issuers.